Vietnam PM Asks Banks to Weigh Increasing Loan Limits for Growth

Pham Minh Chinh

Photographer: Nhac Nguyen/AFP/Getty Images

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Vietnam’s Prime Minister Pham Minh Chinh asked banks to weigh increasing loan limits as the nation grapples with a credit crunch that risks economic growth.

Chinh said “reasonably increasing credit limits” would boost lending and help with macro economic stability and growth, according to a posting on the government website.